Hazards; menaces (7)
I believe the answer is:
I believe this is a double definition.
'hazards' is the first definition.
(I've seen this in another clue)
'menaces' is the second definition.
('threat' can be a synonym of 'menace')
(Other definitions for threats that I've seen before include "Shatter (anag) - menaces" , "Sources of danger -- shatter (anag)" , "Menacing statements" , "Expressions of intention to harm" , "Terrifying demands" .)